The Wealth Empire Crossing the Hong Kong

Chapter 576 Stock Market Bubble
During the trip to Beijing, the goal of recruiting students was achieved. On June 6th, Xinjian Education Group will be in Beijing, Jinmen, Shanghai, Quancheng, Qindao, Jinling, Lin'an, Yangcheng, Yuzhou, Chuncheng, Rongcheng, and Chang'an Seventy large and medium-sized cities in the north, including Jiangcheng, held joint entrance examinations for six universities.

The subjects of the examination are mathematics, arts and sciences, physics, chemistry, and biology are science subjects, and liberal arts are geography, Chinese and Western history, and literature.

There are quite a few differences between this and the north, but this time the joint entrance examination is not based on scores, but on the basis of the rankings of several schools that are willing to study abroad. Although some test questions will exceed the scope of study of students, most of them are in the On the same platform, it will not have much impact.

In terms of investment, it is not so smooth. Whether it is a port, an airport or a highway, the scope is relatively wide, and there is no answer in a short time.

However, the power station side is very straightforward and willing to reach cooperation in this area, and also expresses its duty to support the people's livelihood and economic development of Xiangjiang.

Moreover, in the case of the joint venture power station, a substantial concession was made, and he was willing to allow Xiangjiang Electric Power Company to take the controlling stake. Guangdong Province would occupy a small amount of shares, and it was more of a supervisory role.

The entire power station plans to invest 200 billion Hong Kong dollars (excluding land costs), with two pressurized water reactor nuclear power units with an installed capacity of 98.4 kilowatts, and an annual planned power generation capacity of 150 billion kilowatt-hours.

Invested 200 billion Hong Kong dollars by Xiangjiang Electric Power Company, the capital is financed by the shareholders of the company, occupying 90% of the shares, and the Guangdong provincial government takes the land as a shareholder, occupying 10% of the shares. .

When this news came out, while people from all walks of life lamented the strong financial resources of the Xinjian Department, they also knew that another group had risen strongly.

At the beginning, Li Jianhui invested 100 billion Hong Kong dollars to establish the Xiangjiang Energy Group, of which [-] billion was established to establish the Xiangjiang Gas Company, and [-] billion was established to establish the Xiangjiang Electric Power Company.

Heung Kong Gas Company and Heung Kong Power Company have been listed on the Far East Exchange in the past few months. At present, the total market value of Gas Company is close to [-] billion Hong Kong dollars, and the total market value of Heung Kong Power Company is close to [-] billion Hong Kong dollars.

There is still a big gap compared with CLP Power's market capitalization of more than [-] billion Hong Kong dollars, but with this financing, it will not be difficult for the market value to exceed [-] billion Hong Kong dollars.

Despite the continuous appreciation of the Hong Kong dollar and the bull market in the stock market in recent months, a company with a market capitalization of [-] billion Hong Kong dollars is still a first-class company in Hong Kong.

It has to be said that the hot money is strong, even if Li Jianhui and the others have raised funds to issue additional funds and promoted the listing of a large number of their companies in the past few months, they still cannot stop the stock market from taking off.

So far, although the market value of more than [-] billion Hong Kong dollars has only increased Lane Crawford, plus Huihong and HSBC, there are only three companies in total.

However, there are more than [-] companies with more than [-] billion Hong Kong dollars. Phoenix Group, Dao Heng Bank, Chinese Land, Kowloon Development, Kwong Wah Development, Sun Hung Kai Properties, Hong Kong Airlines, Hongyu Apparel, Jardine Holdings, Swire Pacific, etc.

Although these companies may have good development prospects or capital entry, it has to be said that the market value of most stock markets far exceeds their own market value, and the market value of some companies can even be said to be serious.

Of course, in the past few months, not only the Hong Kong stock market is in a big bull market, but also the stock markets in the United States, Japan, England, France, West Germany, Italy, Spain, South Korea, Taiwan, Singapore and other places are also in a bull market, and many The increase in the region is even stronger than that of Xiangjiang, especially the stock markets of Japan and England.

It is understandable that the stock markets of Japan, the Four Asian Tigers, and even West Germany are in a bull market. After all, the economic development is not bad, but the stock markets of Britain, the United States, France, Italy, and Spain are also soaring in a weak economy. This is a bit baffling, especially in the United States. The more the stock market rises, there is no one else.

Even if Li Jianhui has the memory of his previous life, he seriously suspects that the group of giants on Wall Street may want to create the 87 stock market crash in his previous life, so as to loot the wealth of various places and hit the economy of various places.

But even if he thinks it’s useless in his heart, the stock market is running wild like a wild horse that has broken free from the rein. Even if he has thought of many ways, such as financing and issuance, and a large number of companies going public to dilute the bubble, he can’t resist this flood at all.

Not to mention the hot money that came here, but the Xiangjiang retail investors. According to statistics, the securities companies under the Donghua Club alone have added nearly [-] new individual accounts this year.

Although it is not as exaggerated as everyone's stocks, the number of Xiangjiang stockholders has ushered in a big explosion, especially in the current relatively sluggish property market, a large amount of funds have poured into the stock market, especially those companies whose main business is not in Xiangjiang .

Huihong Group is the biggest beneficiary. Because of its corporate characteristics, the Xiangjiang market occupies a very low turnover. In addition to its strong profitability and dividends, it has been sought after by countless hot money and stock investors. Its market value has continuously refreshed the Hong Kong stock market. The total market value of listed companies has been recorded in history, and the current total market value has reached 2376 billion Hong Kong dollars.

Although HSBC is also powerful, it is still nearly 600 billion Hong Kong dollars behind Huihong Group, and Lane Crawford is almost [-] billion Hong Kong dollars behind Huihong. It can be said that Huihong Group is currently the leader in Hong Kong.

It’s just that Xinjian Bank is a little bit aggrieved, and has been targeting HSBC. As a result, the market value of the two companies has become worse and farther in the past few months. Although there are factors that the Rose Consortium and HSBC have reached a strategic cooperation, this is not the fundamental reason. You must know that Xinjian Bank The bank is the flagship of the Xinjian Department and even the East China Association.

The reason for this situation is to blame Li Jianhui for committing suicide, especially the three-year interest-free loan announced to some foreign students from families with financial difficulties, which directly lowered the share price of Xinjian Bank.

This time, Xiangjiang Power’s investment power station funds will also be subscribed by several major shareholders according to their shareholdings, and the other part will be circulated to the stock market. Although it does not have much effect on the current stock market bubble, it will always absorb some funds.

And in the next few months, Li Jianhui will also let the three major groups of Huahong, Huangpu Iron and Steel, and Huaxin go public.

Once these companies are listed, besides Xinjian Holdings, securities investment companies and other unlisted companies in Li Jianhui's hands, only Xinjian Real Estate, Xinjian Education, Xinjian Medical, Chinese Medicine, Xinjian Vegetables, Jiehua Daily Chemicals, Dong Hua Machine Tool, etc. are either not suitable for the time being or newly established enterprises have not been listed.

As for whether the stock market will experience the 87 stock market crash in his previous life, Li Jianhui has nothing to do now. He can only take advantage of the current hot stock market and make more financing to join the development of his own industries. Even if there are problems in the future, he can minimize his own losses.

Moreover, Donghuahui companies are no different than others, they all have controlling rights, and their debts are not high. Even if the stock price really falls one day, it will not hit Donghuahui too much.

The only thing that Donghuahui should worry about is the market economy in various places after the stock market crash. If the economy is not good, the performance of the Donghuahui's industries will not be high. This may also be the main purpose of the Wall Street giants.

Li Jianhui can only hope that the cooperation with the Warsaw Pact countries can continue. In that case, even if there are problems in the East Asian market, the ASEAN market economy, and the Commonwealth market, the East China Association will still have a market to support it.

(End of this chapter)